Vanguard Growth ETF (NYSEARCA:VUG) Shares Purchased by Verdence Capital Advisors LLC

Verdence Capital Advisors LLC grew its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 0.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 22,914 shares of the company’s stock after buying an additional 147 shares during the quarter. Vanguard Growth ETF comprises about 0.8% of Verdence Capital Advisors LLC’s investment portfolio, making the stock its 23rd largest position. Verdence Capital Advisors LLC’s holdings in Vanguard Growth ETF were worth $9,405,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in VUG. Sound Financial Strategies Group LLC bought a new position in shares of Vanguard Growth ETF in the 4th quarter worth about $259,000. M&T Bank Corp raised its stake in Vanguard Growth ETF by 2.9% during the fourth quarter. M&T Bank Corp now owns 109,882 shares of the company’s stock worth $45,100,000 after acquiring an additional 3,077 shares during the period. LVZ Inc. bought a new position in Vanguard Growth ETF in the fourth quarter worth about $222,000. NewSquare Capital LLC boosted its stake in Vanguard Growth ETF by 9.2% in the fourth quarter. NewSquare Capital LLC now owns 1,077 shares of the company’s stock valued at $442,000 after acquiring an additional 91 shares during the period. Finally, WoodTrust Financial Corp grew its holdings in shares of Vanguard Growth ETF by 2.8% during the fourth quarter. WoodTrust Financial Corp now owns 9,381 shares of the company’s stock valued at $3,850,000 after purchasing an additional 257 shares during the last quarter.

Vanguard Growth ETF Trading Down 0.6 %

Shares of Vanguard Growth ETF stock opened at $393.47 on Wednesday. Vanguard Growth ETF has a twelve month low of $321.29 and a twelve month high of $429.11. The stock has a market capitalization of $381.97 billion, a price-to-earnings ratio of 37.80 and a beta of 1.12. The business’s 50 day simple moving average is $416.30 and its 200-day simple moving average is $401.10.

About Vanguard Growth ETF

Vanguard Growth Index Fund, formerly Vanguard Growth ETF, is an exchange-traded share class of Vanguard Growth Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Prime Market Growth Index (the Index). The Index is a diversified index of growth stocks of large United States companies.